Industry News

Specialist M&A lead adviser Brabners Corporate Finance has bolstered its Liverpool-based team with new hire Andrew Norman. Andrew is an ACA-qualified chartered accountant. He trained at accountancy firm Saffery Champness in Manchester where he went on to be an audit & accounts senior. He joins Brabners as a corporate finance executive. He has expertise in audit, advisory,...

Private equity firm Rockpool has invested £5m into workwear manufacturer Wearwell UK in a deal advised on by Brabners Corporate Finance. The buy-in-management-buy-out (BIMBO) sees Richard Wright, former vice president of international workwear supplier Kwintet, join the Staffordshire-based business as its new chief executive. London-based Rockpool operate across a range of sectors including fashion, technology and utilities. Wright said: “Having...

Furniture maker Tetrad, based in Preston for almost five decades, has been recently acquired by a NorthEdge Capital – backed counterpart. Established 45 years ago, Tetrad specialises in the manufacture of quality sofas, chairs and stools and has annual turnover of £17m. Following the takeover by Belfield Furnishings, products will continue to be made at...

Brabners Corporate Finance recently advised Newco and Management (Michael McVey & Nick Owen) on the BIMBO of Euxton Group. The deal was funded by Foresight Group and Allied Irish Bank. This is the first investment made from the Foresight Regional Investment Fund (“FRIF”), which was launched in December 2015 having achieved a first close...